Schneider Unit Buys Freight Payment Firm

Schneider Logistics purchased Tranzact Systems, a Homewood, Ill.-based freight payment company, and will operate the business as a stand-alone freight payment and auditing service.

The new company will be named Tranzact Payment Services.

Terms of the deal were not disclosed.

TTNews Message Boards
The move expands Schneider’s portfolio of logistics products and services and increases cross-selling opportunities, according to Rodger Mullen, vice president of logistics for Schneider.



For the full story, see the Mar. 20 print edition of Transport Topics. Subscribe today.